The 5th Annual Asia Offshore Forum

New Frontiers: Cutting Edge Strategies for Private and Corporate Wealth in South East Asia Details

The Asia Offshore Association is pleased to announce the highly anticipated 5th annual forum, to be held in Asia's leading financial center, Hanoi in Vietnam.

Through presentations, workshops, and panel discussions, the topics to be addressed include the most pressing issues in South East Asia's outbound offshore investments.

As well as building your brand, the benefits of this prestigious event include an unparalleled opportunity to share best practices and learn more about safely and successfully navigating the cross-border investment and trade, as well as financial and corporate service industries in Asia, to give your business the strongest possible platform from which to succeed.

Why You should participate

Vietnam is predicted to be the fastest growing APAC market over the next 10 years. (Forbes)

Vietnam's UHNWI reached 110 in 2013. This number is predicted to reach 293 by the end of the next decade, which is a growth of 166%.(Dezan Shira & Associates)

The transformation of the Vietnamese economy over the last 25 years has been "remarkable" with economic and political reforms translating into higher incomes. (The World Bank)

Hanoi's Gross Regional Domestic Product (GRDP) rose by 7.17% in the first nine months of this year and the city's export revenue was estimated at US$10.51 billion, an annual increase of 21.6%.(Hanoi Department of Planning and Investment)

The economic growth of Vietnam will exceed 6% until 2019, among the world's fastest. (The World Bank)

Who Shall Participate

The executive attendees from be below industries with job titles being Director/Partner and/or whose title indicates senior professional qualification i.e. Lawyer, CPA etc.

Accountancy

Asset Management

Business Consultancy & Investment Consultancy

Commercial Banking & Investment Banking

Corporate Services

Funds & Fund Management

Government Organisation

Immigration Consultancy

Investment Management

Law Firm

Other Financial Services

Private Equity & Venture Capital

Trust & Fiduciary Services

Wealth Management

How to participate

There are limited VIP tickets available to be granted for members of EuroCham Vietnam, to attend all the functions and activities for this exclusive two-day professional forum, but which is based on first arrived and first served.

- Panel Objective:With GDP growth averaging 6% annually over the last 25 years, Vietnam’s economy has taken off, integrating it into middle-income countries, and helping it to top a list of countries ranked by wealth growth over the last decade. These positive shifts have led to a growing middle class and a fast-growing number of ultra-high-net-worth individuals (HNWIs).This session delves into industry opportunities and the challenges service providers face during Vietnamese HNWIs’ future wealth creation and preservation. It also explores the available business models for seizing this growth potential and surviving in the business long-term.

- Key Points to Address:• How can Vietnam’s HNW clients distinguish themselves from other Asian peers through cultural andpsychological characteristics? What about the latest development of their investment appetites and risk preferences?

• How have the above-influenced wealth management philosophies and mindsets of Vietnam’s wealthy class, in terms of wealth creation, preservation, and transition?

• What is missing from the local wealth management market in Vietnam, and what are the main future growth areas with regards to the range of products, service approaches, and advisory solutions that urgently need to be customized for meeting the comprehensive demands of high-end clients?

• In what ways can service providers guide their sophisticated clients to rationally understand and start planning global asset allocation for their portfolio diversification in a fast-changing environment?

• What long-term business models can financial intermediaries consider to accelerate hybrid transformation for staying competitive in private wealth sectors, while collaborating with local and international regulators?

- Panel Objective:For many HNWIs, preserving their hard-earned wealth has become a major concern and priority to prepare for any market volatility and uncertainty. In compliance with national and international regulations, structuring and engineering of offshore legal instruments for asset protection have garnered more attention than ever. This panel presents ways to perform a thorough analysis of clients’ asset portfolio, by assessing short and long-term risks, and then identifying the best solutions for asset allocation and succession planning.

- Key Points to Address:• What are the most widely used tools that wealthy families have been applying against disputes, bankruptcy, divorce or other issues with regards to wealth planning?

• What are some streamlined methods for identifying the appropriate solutions for your clients, to better suit their asset portfolio and business purposes?

• How can assets held by those legal structures be challenged in court, and why does the jurisdiction of domicile matter?

• How do those structures achieve flexibility, effectiveness and sophistication (which used to be unique to offshore jurisdictions) with ongoing worldwide transparency and automatic financial information exchange?

• With offshore investment experiencing unprecedented scrutiny, what scenarios are still available for wealthy clients in Vietnam who are searching for diversification across borders to meet each family’s special circumstances?

- Panel Objective:The global action plan on Base Erosion and Profit Shifting (BEPS) in reference to tax avoidance is being implemented in many countries, including Vietnam. The fast pace of tax reform stemming from the BEPS Project – combined with sometimes inconsistent local practices and enforcement – makes the tax landscape difficult to navigate for many. This session explores the tax challenges that multinational corporations face, and new approaches to ensure compliance with national regulations for their investment projects.

- Key Points to Address:• What are the most significant updates on local tax administration rules for collaborating to implement BEPS measures, and what are the main features?

• What do those mean in practice, and what are the challenges for cross-border businesses operating and investing in Vietnam?

• The Multilateral Instrument has been designed to facilitate the swift modification of the network of existing bilateral tax agreements to implement the tax treaty-related measures developed by the BEPS initiative. What are legitimate solutions for enterprises that would make use of favorable tax regimes?

• How can advisors effectively help to identify which of the available options suit company needs within the Vietnamese market, by considering a balance between their current objectives and long-term market interests?

• What areas can be looked through or improved beforehand, in terms of the legal forms of transactions and operating structures, from a global tax planning perspective?

- Panel Objective:The financial services sector is burdened by increasingly tightened regulations and costly expenses that are rising in order to tackle a series of loopholes. Meanwhile, the sector also has to consider how to renew products and markets under these circumstances. FinTech has innovated, then, to transform the world of financial services and to enable positive changes in many sectors. This panel discusses how FinTech-fueled momentum has been generating true and lasting value for the Financial Services Sector in an unprecedented way, and how to cope with this trend.

- Key Points to Address:• What are the major trends that have been witnessed in FinTech over the past few years, in relation to the financial services sector?

• What are the main focus areas for innovation where traditional financial institutions have underperformed, and what are the key driving forces behind these?

• How has FinTech been reshaping the sector across the globe, and what is the potential impact on market players in terms of their existing businesses and future expansion?